EBRD decreases its investment portfolio for Azerbaijan

EBRD decreases its investment portfolio for Azerbaijan
# 30 July 2024 10:25 (UTC +04:00)

The volume of the active portfolio of the European Bank for Reconstruction and Development (EBRD) in Azerbaijan as of July 29, 2024, decreased to EUR 893 mln. (including undisbursed commitments), EBRD told APA-Economics.

This figure is 4,7% or EUR 44 mln. more than the last indicator presented by the bank. The number of implemented projects was 30.

It was noted that 91% of the portfolio (814 million euros) accounts for investments in sustainable infrastructure, 6% (50 million euros) for investments in industry, trade, and agribusiness, and 3% (29 million euros) in financial institutions. The volume of operational assets of the bank decreased by 6,1 % in the country and amounted to 652 million euros.

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